I really like this product. First off it arrived within 2 days of ordering which in my book is PDQ. Secondly, it works perfectly. You have to remove the phone from the pouch (obviously) but when you have such a beautifully designed device you want to see it the way it was intended - without a bulky case ruining the aesthetics. I had a different case before, which truth be told, did protect the device but effectively ruined the usage of the phone, especially when talking on the phone and taking photographs.
As long as you are careful and understand that there is no protection when the phone is out of the pouch then you should be okay. The pouch is designed primarily to protect the phone when in transit and as long as you keep this in mind you will find it works a treat.
I find that the phone fits the pouch very well, nice and snug without being tight, it easy to remove and the velcro flap folds down and closes it up just fine. It obviously adds bulk to the phone if you're going to put it in your pocket but then every case does that.